Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Elixir Energy Limited ( (AU:EXR) ) has provided an update.
Elixir Energy has issued 75,422,501 fully paid ordinary shares under the second tranche of a previously announced placement to Omega Oil & Gas, Nero Resource Fund, and Sternship Advisors, following shareholder approval at its January 16, 2026 general meeting. The company has confirmed that the shares were issued without a prospectus under the relevant Corporations Act provisions, and stated it remains compliant with continuous disclosure and financial reporting obligations, with no additional material information withheld that investors would reasonably need to assess the company or the rights attached to the new shares.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
More about Elixir Energy Limited
Elixir Energy Limited is an Australian energy company listed on the ASX, operating in the oil and gas sector with a focus on exploration and production activities. The company engages in capital raisings and equity placements to support its ongoing projects and strategic partnerships within the energy market.
Average Trading Volume: 3,891,192
Technical Sentiment Signal: Hold
Current Market Cap: A$147.9M
Learn more about EXR stock on TipRanks’ Stock Analysis page.